Armani must sell Barneys NYC units; arbitrators' ruling covers couture collections. (Giorgio Armani obliged to sell Borgonuovo collection to new Madison Avenue Barneys New York store)

Daily News Record, April, 1993

An arbitration tribunal decided that the Giorgio Armani Fashion Corp must sell its Borgonuovo collection to Barneys New York's new Madison Avenue branch. Armani must sell the collection to Barneys as long as the latter meets prescribed conditions because of a contract signed in 1979. However, a second decision that Armani could control sales to Barneys branches outside New York, NY, led the company to pull the line from Barneys in Dallas and Houston, TX. Polo/Ralph Lauren had also recently stopped sales of its lines to two Barneys branches in New York City.

NEW YORK -- An arbitration tribunal in Geneva has ruled against designer Giorgio Armani's plans not to sell Barneys New York's new Madison Avenue store his men's and women's couture Borgonuovo collection.

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